This brief historical sketch brings us to how the American and Israeli militaries of today have adopted a nineteenth-century-style war of extermination against what they consider to be another “lesser race.” Original article: https://mises.org/mises-wire/american-israeli-nineteenth-century-ways-war
The free market replaces the struggle for survival found in the animal world with social cooperation in which everybody benefits. Capitalism is a system of peace, not war. Original article: https://mises.org/mises-wire/ludwig-von-mises-peace-and-social-cooperation
Rumor has it that the Federal Reserve was able to resist the president‘s demands to enable funding of the Korean War. However, a look at the record demonstrates conclusively that the Fed bowed to Harry Truman‘s wishes to do what it has done for a century: finance America‘s wars. Original article: https://mises.org/mises-wire/did-fed-achieve-independence-during-korean-war
President Trump's so-called “One Big, Beautiful Bill” is more of the same: big and bloated. It adds billions to the federal deficit and does nothing to deal with the government‘s ruinous debt. Naturally, the Republicans support it. Original article: https://mises.org/mises-wire/one-bloated-brobdingnagian-bill
David Brady, Jr. reviews The Magic Coin by Dr. Jonathan Newman, a children‘s book that explains money in a way that even modern adults can understand. Original article: https://mises.org/mises-wire/magic-coin-and-renewing-interest-monetary-policy
A free market economy does not generate jobs or money. Instead, it creates wealth through exchange and production. Government intervention, contrary to what mainstream economists believe, does not enhance wealth, but instead destroys it. Original article: Wealth Generation and the Market Economy
Ours in an age when people panic, sometimes for good reasons but often for bad. Governments benefit from panicked citizenry, which is why we always should question those political decisions that can turn our lives upside down. Original article: Don’t Be A Panican, But Question Government Shenanigans
William Nordhaus coined the term “Political Business Cycle” a half-century ago. The idea was that government authorities, particularly the central bank, would manipulate the economy to correspond with election cycles, a practice that continues to this day. Original article: The Political Business Cycle 50 Years Later
Amtrak is always on the verge of reviving intercity rail traffic in the US, or at least that is what politicians want us to believe. The truth is that the case for defunding Amtrak has never been stronger. Original article: Why Elon Musk Is Right: The Case Against Subsidizing Amtrak
The transatlantic slave trade from Africa is a well-known chapter in the history of slavery in the Western Hemisphere, but much lesser known is the enslavement of Native Americans. Many of them were shipped to plantations in the Caribbean where they were worked to death. Original article: Truth or Consequences
The transatlantic slave trade from Africa is a well-known chapter in the history of slavery in the Western Hemisphere, but much lesser known is the enslavement of Native Americans. Many of them were shipped to plantations in the Caribbean where they were worked to death. Original article: Enslavement of Native Americans in the Caribbean
Mainstream economists define inflation as the increase in an imaginary “price level” that is relatively neutral in its effects. Austrian economists, however, know better, as they realize that the effects of inflating the money supply are anything but neutral. Original article: Inflation: Looking Beyond Aggregates
The Trump White House has enacted tariffs in the belief that other countries are “cheating” by enacting tariffs against US goods and “manipulating” their currencies. However, with the US dollar being the world's reserve currency, the US has engaged in dollar manipulation through inflation. Original article: https://mises.org/mises-wire/mmt-and-us-history-redefining-chartalism
We know what happened on November 22, 1963, at Dealey Plaza in Dallas, but there is a lot about that terrible day we don't know. But we also know that President Kennedy challenged the National Security State. Did it cost him his life? Original article: https://mises.org/mises-wire/jfk-and-burden-proof
From Reconstruction to George Floyd, the left‘s guilt industry has run at full speed. As Murray Rothbard wrote, it is time to stand up to those that use guilt as a social weapon. Original article: https://mises.org/mises-wire/politics-guilt
Thanks to the endless “War Against Terror,” the US Government promoted methods of torture, including some borrowed from the sadistic torturers of the former Soviet Union. Congress stood by and let it happen. Original article: https://mises.org/mises-wire/we-never-got-torture-congress
The Trump administration has pursued a high tariff policy, reversing the movement to lower trade barriers around the world. The justification for this policy is the presence of trade deficits with other nations. However, what if US trade deficits don't matter? Original article: https://mises.org/mises-wire/what-rationale-behind-current-us-tariff-policy
While no one is accusing egg producers of colluding or price-fixing, from an economic standpoint, it certainly could be happening either by design or incidentally. Original article: https://mises.org/power-market/how-high-egg-prices-may-resemble-high-opec-cartel-oil-prices
There are numerous critics of free markets. However, all of those critics also are consumers and they gladly depend upon free markets to satisfy their needs. Original article: https://mises.org/mises-wire/why-haters-free-markets-love-fruits-free-markets
Why do cultures degenerate? At the recent Natal Conference, Robin Hanson cites biological and evolutionary factors. However, if one looks to Mises and the Austrians, we look squarely at human action that begins with the human mind and purposeful action. Original article: https://mises.org/mises-wire/culture-degeneration-biological-or-ideological
France is facing critical shortages of a number of drugs, and one need look no further for a cause than a price control regime. Naturally, the French media and government blame capitalism and look to double down on the intervention that has causes this crisis. Original article: https://mises.org/mises-wire/price-controls-and-drug-shortages-france-textbook-case-evils-interventionism...
Dr. David Gordon reviews Mary Grabar‘s Debunking FDR, which examines Roosevelt‘s paternalistic worldview and how it shaped his political life and his presidency. Original article: https://mises.org/friday-philosophy/lord-manor
The 20th century gave us two world wars that have altered the world's political landscape to this day. We would do well to remember the main lesson from World War I: there is no “honor” in warfare. It is pure murder. Original article: https://mises.org/friday-philosophy/lord-manor
Forbes called this explosive loan situation, a “perfect storm…of heavier debt loads, higher payments, and an unforgiving economy.” Original article: https://mises.org/mises-wire/student-loans-new-sheriff-town
MMT uses chartalism and a few dubious examples to appeal to history to establish the theory‘s authority and validity, only to discard this element as irrelevant and unnecessary. Original article: https://mises.org/mises-wire/mmt-and-us-history-redefining-chartalism
A free market economy does not generate jobs or money. Instead, it creates wealth through exchange and production. Government intervention, contrary to what mainstream economists believe, does not enhance wealth, but instead destroys it. Original article: Wealth Generation and the Market Economy
By their nature, free markets promote harmony between people and increase overall standards of living. This view is radically different from the ones promoted by Marxists who believe that only “class interests” matter. Original article: Free Markets Promote Peaceful Cooperation and Racial Harmony
Totalitarian bureaucracy necessitates a constant state of crisis and there is no better creator of crises than imperial machinations. Original article: Empire as the Price of Bureaucracy
Like Santa, who gives free gifts to our children, people think of the state as providing services “for free.” However, the state cannot provide anything without first confiscating wealth from others—like the Grinch, who first stole all the presents in Whoville. Original article: The State Isn’t Santa Claus, It’s the Grinch!
A common refrain among college fans is, "The Transfer Portal and NIL are ruining college sports." But are they? Before we can answer that question, we have to be able to explain what is happening, and Austrian economics provides the best analytical tools. Original article: Are the Transfer Portal and NIL Ruining College Sports? Explaining the Changes Using Austrian Economics ...
